Thoughtful perspectives from members of the The Financial Revolutionist’s growing community.
For something to have worth and command a price, it must provide some utility, benefit or satisfaction to a buyer. Intrinsic value is the quantification of that worth. Once there is value, the forces of demand and supply in the marketplace determine price. Tangible assets such as food, a car or real estate are easy to value.
Read More2016 was a bad year for most prognosticators. As such, we’re bringing a humble attitude to the table for our nine predictions for 2017. After all, we could be right on the call, and wrong on it materializing within the next 365 days. Conversely, we could be wrong on our underlying assumption, but predict correctly thanks to a so-called ‘slop shot’ (i.e., a lucky shot in pool). So, with that in mind, let’s play nine-ball.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
